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Experts say the legislation could unleash a tidal wave of new stablecoins—and fresh complaints about President Trump's crypto ...
19hon MSN
Cryptocurrency has gained a hold in Americans’ investment portfolios and their retirement accounts — and now it’s a step ...
The GENIUS Act prompted Ripple and Circle to apply for U.S. bank charters as Congress cleared new stablecoin regulations.
19hon MSN
The House of Representatives passed the GENIUS Act, which deals with stablecoin regulation, in a 308-122 vote on July 17.
Tether hits $160B market cap milestone as US GENIUS act threatens stablecoin dominance through mandatory third-party audits.
After clearing a procedural hurdle in the House of Representatives by a 215-211 vote on 16 July, the GENIUS Act now heads to ...
Cryptocoin issuers are very similar to the banks of the 1830s, which also issued their own currencies and were regulated by the states. In a similar spirit, under the Genius Act, companies that issue ...
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Intelligencer on MSNCongress Just Injected Crypto Directly Into the Most Stable Part of the EconomyThere would be a great irony if cryptocurrency — which was created in 2008 to provide an alternative to the mainstream financial system that had just failed — led to another economic crash. But that ...
The recently-passed GENIUS Act would establish a federal framework for regulating stablecoins. The benefits are immense: Besides creating a regulatory environment for an asset, a formal regulatory reg ...
However, Tether has never completed a full, independent audit. This remains a major red flag. The GENIUS Act now brings that ...
The GENIUS Act could force Tether USDT to exit the US market if it fails to meet strict transparency rules. Compliance or ...
A bill laying out rules for stablecoins would force issuers like Tether to be audited and end risky practices.
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